
03-15-2009, 09:31 AM
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CC Member
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Join Date: Mar 2000
Location: Fairfield, NJ, USA,
NJ
Cobra Make, Engine: A & C, 351W, Tremec 3550. Exiled Member: Club Cranky
Posts: 5,897
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Not Ranked
Dear Leader to tax health benefits......
In what is quickly becoming the most cynical presidency in decades the Obama administration has signaled that it is changing its position on taxing employee health benefits, a campaign position that Obama used to hammer Senator John McCain in the 2008 election.
The Obama administration is signaling to Congress that the president could support taxing some employee health benefits, as several influential lawmakers and economists favor, to help pay for an overhaul of the health care system.
The proposal is politically problematic for President Obama, however, since it is similar to one he denounced in the presidential campaign as "the largest middle-class tax increase in history." Most Americans with insurance get it from their employers, and taxing workers for the benefit is opposed by union leaders and some businesses. (Note: Only The New York Times would call this prevarication "problematic")
Roscoe
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Roscoe
"Crisis occurs when women and cattle get excited!"....James Thurber
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